Malaysia Bets on USD 250 Million Arms Deal to Train 10K Semiconductor Specialists to Spark Homegrown Chip Design Revolution
Malaysia has sealed a landmark USD 250 million semiconductor partnership with UK-based Arm Holdings, granting the Southeast Asian nation access to Arm’s advanced intellectual property. It aims to shift from a manufacturing-based economy to a high-value design and innovation hub in the global chip supply chain. The agreement, formally signed on 5 March 2025 in […]
Cambodia’s Steel Imports Surge in Early 2025
Cambodia’s steel imports significantly rose in the first quarter of 2025, with the nation importing iron and steel valued at USD217 million. This marks a remarkable 75 percent increase compared to USD124 million during the same period last year. According to a report released on April 10 by the General Department of Customs and Excise, […]
SchneiTec Dynamic lists green bond mobilizing USD 50 million for green energy development
SchneiTec Dynamic Co., Ltd has listed a green bond on the Cambodia Securities Exchange (CSX), mobilizing USD 50 million for its green energy development project in Cambodia. The Official Green Bond Listing Ceremony was held on April 11, 2025, at the Cambodia Securities Exchange. During the ceremony, HE Sou Socheat, a Delegate of the Government […]
Four Major Companies Plan to Further Investment in Cambodia’s Automotive and Electronics Sectors
Four prominent automotive and electronics companies are gearing up to expand their investments in Cambodia, aiming to bolster the nation’s economy. This commitment was announced during a recent study visit by HE Chea Socheat, Deputy Director of the Cabinet of the Council for the Development of Cambodia, on March 31, 2025. During the visit, HE […]
Cambodia’s Star Casino Asset at Centre of Donaco’s USD 55.6 Million Takeover by On Nut Road
Donaco International’s flagship Cambodian asset, the Star Vegas casino and hotel complex in Poipet, is now at the heart of a USD 55.6 million acquisition deal by On Nut Road, a Hong Kong-based special purpose vehicle managed by Argyle Street Management. As part of the takeover, shareholders will receive USD 0.045 in cash per Donaco […]
IKEA Explores Expansion into the Cambodian Market
Swedish furniture giant IKEA is setting its sights on Cambodia as a potential market for expansion. During a recent meeting, HE Chea Wutthy, Secretary General of the Investment Committee of Cambodia, welcomed an IKEA delegation led by Mr. Giafar Safaverdi, CEO of IKEA Southeast Asia, to discuss investment opportunities in the region. In the meeting, […]